Clarius Group LLC trimmed its position in Williams Companies, Inc. (The) (NYSE:WMB – Free Report) by 7.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,611 shares of the pipeline company’s stock after selling 648 shares during the quarter. Clarius Group LLC’s holdings in Williams Companies were worth $478,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently added to or reduced their stakes in WMB. Nuveen LLC acquired a new stake in shares of Williams Companies during the first quarter worth $335,419,000. Goldman Sachs Group Inc. raised its stake in Williams Companies by 45.0% during the first quarter. Goldman Sachs Group Inc. now owns 11,339,078 shares of the pipeline company’s stock worth $677,623,000 after acquiring an additional 3,519,370 shares during the period. Bahl & Gaynor Inc. lifted its holdings in Williams Companies by 34.0% in the first quarter. Bahl & Gaynor Inc. now owns 11,287,921 shares of the pipeline company’s stock worth $674,566,000 after acquiring an additional 2,861,988 shares during the last quarter. Voya Investment Management LLC lifted its holdings in Williams Companies by 275.7% in the first quarter. Voya Investment Management LLC now owns 2,609,318 shares of the pipeline company’s stock worth $155,933,000 after acquiring an additional 1,914,730 shares during the last quarter. Finally, Wellington Management Group LLP boosted its stake in Williams Companies by 6.0% in the first quarter. Wellington Management Group LLP now owns 29,624,104 shares of the pipeline company’s stock valued at $1,770,336,000 after acquiring an additional 1,680,477 shares during the period. 86.44% of the stock is currently owned by institutional investors.
Insider Transactions at Williams Companies
In related news, COO Larry C. Larsen sold 4,500 shares of the firm’s stock in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $58.47, for a total transaction of $263,115.00. Following the completion of the sale, the chief operating officer directly owned 77,612 shares in the company, valued at approximately $4,537,973.64. This trade represents a 5.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Terrance Lane Wilson sold 2,000 shares of the company’s stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $57.62, for a total value of $115,240.00. Following the completion of the transaction, the senior vice president directly owned 311,645 shares in the company, valued at $17,956,984.90. This represents a 0.64% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 8,500 shares of company stock valued at $497,715 over the last three months. 0.44% of the stock is owned by corporate insiders.
Wall Street Analysts Forecast Growth
Williams Companies Trading Up 0.8%
Williams Companies stock opened at $64.54 on Monday. Williams Companies, Inc. has a 12-month low of $48.41 and a 12-month high of $65.55. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.54 and a quick ratio of 0.48. The stock has a market capitalization of $78.70 billion, a PE ratio of 32.43, a price-to-earnings-growth ratio of 2.15 and a beta of 0.65. The firm has a 50 day simple moving average of $59.14 and a 200-day simple moving average of $58.96.
Williams Companies (NYSE:WMB – Get Free Report) last released its earnings results on Monday, August 4th. The pipeline company reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.03). Williams Companies had a return on equity of 16.23% and a net margin of 21.63%.The firm had revenue of $2.78 billion during the quarter, compared to analyst estimates of $2.90 billion. During the same quarter last year, the company earned $0.43 earnings per share. The business’s revenue for the quarter was up 19.0% on a year-over-year basis. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. As a group, equities research analysts expect that Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.
Williams Companies Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Friday, September 12th were given a $0.50 dividend. The ex-dividend date was Friday, September 12th. This represents a $2.00 annualized dividend and a yield of 3.1%. Williams Companies’s payout ratio is 100.50%.
Williams Companies Profile
The Williams Companies, Inc, together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission & Gulf of Mexico segment comprises natural gas pipelines; Transco, Northwest pipeline, MountainWest, and related natural gas storage facilities; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region.
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